Aon has named Lucy Barron as its latest partner in its investment consulting team.
Barron, who was previously head of solutions for UK liability-driven investment (LDI) at AXA Investment Managers (AXA IM), joined the firm on 10 July.
Becoming the firm's 30th investment partner, she said the role was more important as schemes become cashflow negative.
"As more schemes face becoming cashflow negative in the coming years, the need for investment risk solutions is becoming ever more attractive," she said. "I have worked extensively in this area in recent times so the opportunity to work with Aon's wide variety of clients is especially appealing."
Head of investment consulting Tim Giles welcomed Barron's expertise working with de-risking solutions.
"Lucy Barron brings excellent experience of working with a broad range of schemes and a reputation for providing pragmatic and practical solutions for clients," he said. "We are seeing more and more demand for the design, implementation and monitoring of de-risking investment strategies - an area in which Lucy has specialised - so I am sure she will be an excellent addition to the team."
Barron left AXA IM after five years, during which she led the team helping clients to structure, implement and manage LDI solutions.
Prior to that, she was a senior structurer in Legal & General's UK LDI team between 2010 and 2012, and a solutions specialist at Insight Investment from 2008 to 2010. She also spent nine years at Mercer, where she was a retirement benefits consultant from 1999 to 2005, and an investment consultant from 2005 to 2008.
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